Investment opportunity, 1 parcel including 11 units ; five- 1 bed 1 bath Duplexes and 1 four bedroom rental. Currently generating $120,000 a year in rental income. most units recently remodeled. Two units currently being remodeled and vacant not included in income. Current rent role, $1000, $1100, $950, $1100, $775, $2500, $0 being remodeled, $850, $950, $775, $0 just finishing up remodel. remodeled units on 1 year leases others on month to month. All have new roofs. Close to Beloit casino Janesville Roscoe Rockton and Rockford. Showings by appointment only must be prequalified with proof of funds.
For sale by owner
Price increase: $100K (11/7)
$1,100,000
1208-1252 Reese Ave, South Beloit, IL 61080
14beds
7,000sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
Remodeled unitsNew roofs
- 63 days |
- 199 |
- 2 |
Listed by:
Property Owner (815) 742-6358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 11
- Full bathrooms: 11
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 7,000 sqft
Property
Parking
- Total spaces: 14
- Parking features: Off-street
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: None
Details
- Parcel number: 0406327001
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
Community & HOA
Location
- Region: South Beloit
Financial & listing details
- Price per square foot: $157/sqft
- Date on market: 10/8/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,910/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Price change | $1,100,000+10%$157/sqft |
Source: Owner Report a problem | ||
| 10/8/2025 | Listed for sale | $999,990+250.9%$143/sqft |
Source: Owner Report a problem | ||
| 7/1/2021 | Sold | $285,000$41/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202102970 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,893/mo
Principal & interest
$5427
Property taxes
$2081
Home insurance
$385
Climate risks
Neighborhood: 61080
Nearby schools
GreatSchools rating
- 2/10Riverview Elementary SchoolGrades: 2-4Distance: 0.3 mi
- 3/10South Beloit Jr High SchoolGrades: 7-8Distance: 0.8 mi
- 6/10South Beloit Sr High SchoolGrades: 9-12Distance: 1.4 mi
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